August manufacturing sales expand as more economic sectors open up


KUALA LUMPUR: Malaysia’s manufacturing sales in August 2021 expanded by 6.8% to RM126.5bil from a year ago, more economic sectors in line with the transition phase of the National Recovery Plan (NRP).

The Statistics Department said on Tuesday, the sales value increased by 5.5% on-month.

Chief Statistician Datuk Seri Dr Mohd Uzir Mahidin said the growth in sales value for this month was driven by the petroleum, chemical, rubber & plastic products subsector (31.4%) especially in the manufacture of coke & refined petroleum products industries.

“The expansion was also due to the food, beverages & tobacco subsector (7%) supported by the manufacture of food products industries as well as the electrical & electronics products subsector (6.9%) mainly in the manufacture of computer, electronic and optical products industries,” he said.

Notably, sales value for export-oriented industries which accounted for 75.3 per cent of total sales value, increased by 14.3% (RM95.2bil) while domestic-oriented industries declined 10.8% in August 2021 from a year ago.

The growth of sales value for export-oriented industries was in line with thedouble-digit growth registered in the external trade exports and the price factors that remain favourable.

“On month-on-month comparison, export and domestic-oriented industries recorded positive growth of 3.5% and 12.2% respectively,” he said.

On the workforce in the manufacturing industry, Mohd Uzir Mahidin said the sector added 1% more jobs at 2,213,715 persons from 2,190,787 persons a year ago.

The increase was contributed by the electrical & electronic products (4.3%) and petroleum, chemical, rubber & plastics products (1.8%).

Salaries & wages paid increased by 1.7% or RM117.5mil in August 2021 to RM7.23bil from a year ago.

Sales value per employee increased by 5.7% to record RM57,160 from RM54,066 a yar ago.

Average salaries & wages per employee was RM3,266 in August 2021.

Mohd Uzir pointed out for the period of January to August 2021, the sales value of the manufacturing sector increased by 15.5% to RM992.4bil when compared with the previous corresponding period.

The number of employees and salaries & wages recorded a growth of 1% and 2.3% respectively, 2.21 million persons and RM59.2bil. Sales value per employee increased by 14.3% to RM448,314.

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